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Old 09-22-2009, 06:37 PM   #1
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Oh Noes!!!
Kalashnikov Maker Files for Bankruptcy - Pravda.Ru

Caught this on one of the other forums I frequent. Seems the time to buy that new Saiga is NOW!!!
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Old 09-22-2009, 07:33 PM   #2
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That is the second time I've heard of something like this recently. I think FEG is doing the same. The AR may just win the great debate by default.
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Old 09-22-2009, 07:38 PM   #3
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Let's just hope they can survive/make a come back. I don't imagine bankruptcy over there is anything like it is here...
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Old 09-22-2009, 08:02 PM   #4
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I imagine it would go like this. If it is anything like other Russian business. The company used to be state owned when it was Soviet Russia, now it is privately owned. I imagine the state will assume control of it, they may or may not stop importing, and they may increase importing, prices may go up.
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Old 09-22-2009, 08:52 PM   #5
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Quote:       Originally Posted by GlockMeister View Post
Let's just hope they can survive/make a come back. I don't imagine bankruptcy over there is anything like it is here...
Like what, the directors drive the company in the dirt, then the government comes in with a huge bailout, and the guilty people get off?
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Old 09-22-2009, 10:28 PM   #6
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Quote:       Originally Posted by gandog56 View Post
Like what, the directors drive the company in the dirt, then the government comes in with a huge bailout, and the guilty people get off?
Gee, I've never heard of anything like that happening before. Where do you get these crazy ideas ganny?
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